Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Clear Secure Inc before investing.

In this article, we go over a few key elements for understanding Clear Secure Inc’s stock price such as:

• Clear Secure Inc’s current stock price and volume
• Why Clear Secure Inc’s stock price changed recently
• Upgrades and downgrades for YOU from analysts
• YOU’s stock price momentum as measured by its relative strength

About Clear Secure Inc (YOU)

Before we jump into Clear Secure Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Clear Secure, Inc. is an identity company. Its secure identity platform is a multi-layered infrastructure consisting of both its front-end, including enrollment, verification and linking and its robust, secure, and scalable backend. It confirms identity on an opt-in basis using document authentication, biometric capture technology, liveness detection for anti-spoofing, biometric matching, backend identity proofing and other technologies to link an individual’s identity with their biometrics. Its CLEAR Plus is its consumer aviation subscription service, which enables access to predictable and fast experiences through dedicated entry lanes in airport security checkpoints across the nation as well as access to its broader network. Its RESERVE is a virtual queuing technology that provides users with the ability to book a dedicated time slot to go through security at the airport. Its CLEAR Verified is its business to business offering that extends its secure identity platform to partners.

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Clear Secure Inc’s Stock Price as of Market Close

As of March 22, 2024, 4:00 PM, CST, Clear Secure Inc’s stock price was $20.50.

Clear Secure Inc is up 8.58% from its previous closing price of $18.88.

During the last market session, Clear Secure Inc’s stock traded between $18.81 and $19.48. Currently, there are 91.37 million shares of Clear Secure Inc stock available for purchase.

Clear Secure Inc’s price-earnings (P/E) ratio is currently at 61.3, which is high compared to the Software industry median of 51.9. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Clear Secure Inc Stock Price History

Clear Secure Inc’s (YOU) price is currently up 6.49% so far this month.

During the month of March, Clear Secure Inc’s stock price has reached a high of $20.91 and a low of $18.17.

Over the last year, Clear Secure Inc has hit prices as high as $27.93 and as low as $15.28. Year to date, Clear Secure Inc’s stock is down 25.26%.

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What Caused Clear Secure Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 21, 2024, there were 2 analysts who downgraded Clear Secure Inc’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Clear Secure Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Clear Secure Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Clear Secure Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Clear Secure Inc (YOU) by visiting AAII Stock Evaluator.

Relative Price Strength of Clear Secure Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 21, 2024, Clear Secure Inc has a weighted four-quarter relative price strength of -12.61%, which translates to a Momentum Score of 28 and is considered to be Weak.

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Clear Secure Inc Stock Price: Bottom Line

As of March 22, 2024, Clear Secure Inc’s stock price is $20.50, which is up 8.58% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Clear Secure Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.